1. Cambrian School District
Unaudited Actuals

2. Unaudited Actuals
The Unaudited actuals from reflect the actual unaudited revenues, expenditures and fund balances as of June 30, 2011
The District closed the books for on September 6, 2010
Board action is required to approve the Unaudited Actuals before submission

3. Revenues - $25,614,889
Revenue limit comes from two major sources: State Aid $5,612,479 and Property Tax $11,288,988

4. 86.4% of Dollars go to Salaries and Benefits
Expenditures - $23,049,483
86.4% of Dollars go to Salaries and Benefits
1xxx Certificated Personnel
2xxx Classified Personnel
3xxx Benefits
4xxx Supplies
5xxx Contracted Services
6xxx Capital Items
7xxx Other Outgo

5. General Fund Ending Balances as of June 30, 2011
Unrestricted $7,689,944
Balance includes a 5% Reserve For Economic Uncertainties
Restricted $790,271
Balance includes Federal Jobs Funding

6. Next Steps
County Office of Education will review the Unaudited Actuals
External auditors will perform the final review in November
Final audit report will be presented to the Board in January or February 2012

7. Questions
Questions?